Right here is an attention-grabbing hypothetical: if the US authorities was not
in debt, however awash with money and selected to share US$31.4 trillion
with its inhabitants of 332 million, every man, girl and youngster
would obtain greater than US$94,000. If solely the 38 million
Individuals dwelling under the poverty line acquired a share of
US$31.4 trillion, every would get about US$826,000.
All of the gold
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The worth of gold in Might 2023 was about US$1,800 per ounce. One
tonne of gold is the same as 32,150.7 troy ounces, which is a
measurement used for valuable metals. US$31.4 trillion may purchase
about 542,595 tonnes of gold. The full quantity of gold mined in
historical past is estimated to be about 197,576 tonnes.
Stack of cash
US$31.4 trillion would actually be a giant stack of cash. Right here is
a technique of it: the thickness of the US greenback invoice is
about 0.11mm.
To the moon once more
Talking of the moon, Nasa’s Apollo programme from 1961 to 1972
value an estimated US$25.4 billion in whole.
Value of struggle
Preventing wars prices some huge cash. In line with one estimate,
US-led post-September 11 wars in Afghanistan, Iraq and elsewhere
have value US$8 trillion. They’ve been paid for nearly completely
by borrowing, which has added to the US nationwide debt. Brown
College’s Prices of Struggle Venture estimates that curiosity funds
may whole over US$6.5 trillion by the 2050s.
Funding the local weather combat
Yr: 2023
Wealthy nations had promised on the Copenhagen local weather summit in 2009
to channel US$100 billion a yr to much less rich nations by 2020
to assist them adapt to local weather change and cut back emissions. In
2022, US local weather envoy John Kerry mentioned the goal can be met in
2023. In a perfect world, US$31.4 trillion may fund this local weather
combat till round 2330.
Affiliate Inventive Director Marcelo DuhaldeEdited by Andrew London
Sources: World Financial institution, Nasa, The Planetary Society, Brown College
Prices of Struggle Venture, World Gold Council, US Social Safety
Administration
